Saturday, December 21, 2024

Morgan Stanley

Global brokerage firm Morgan Stanley has increased its target price for Zomato to INR 355 from INR 278, citing the company's potential to benefit from the growing quick commerce (QC) market in India. This represents a 31.7%...
Amid a broader rally in shares of D2C unicorn Honasa Consumer, investors Peak XV Partners, Fireside Ventures, Stellaris Venture Partners, and others sold shares worth INR 1,601.68 crore through bulk deals.Peak XV (formerly Sequoia India) sold...

Bira91 maker B9 Beverages eyes public listing in 2026, taps Morgan Stanley to lead pre-IPO process

B9 Beverages, the maÍŹkeÍŹr of craft beer Bira91, is ÍŹgeÍŹarÍŹing uÍŹp for anÍŹ initial public offering (IPO) iÍŹn 2026 and has enlisÍŹtÍŹed investÍŹment baÍŹnk...

Lexdale International to divest 2.62 Crore Nykaa shares valued at INR 490 Crore

Lexdale International is reportedly seeking to divest 2.62 crore shares of the beauty e-commerce giant Nykaa through open market transactions.Sources informed CNBC-Awaaz that the...

SoftBank considers divesting another 1.1% stake in Zomato for $135 Million

Japanese tech investor SoftBank's SVF Growth is exploring the possibility of divesting another 1.1% stake in Zomato through a block deal worth $135 million.According...

Alipay to sell its entire 3.44% stake in Zomato in a block deal worth $400 Million

Chinese payments group Alipay is reportedly planning to divest its entire 3.44% stake in the foodtech major Zomato through block deals, with an approximate...

Shein confidentially files for US IPO, targets 2024 debut amid challenging conditions

China-founded fashion company Shein has confidentially filed for an initial public offering (IPO) in the United States, as disclosed by two sources familiar with...

Swiggy resumes IPO plans, aims for stock exchange presence by 2024

Food and grocery delivery firm Swiggy is reportedly back on track with its initial public offering (IPO) plans, as stated by a recent Reuters...

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